Easy income hair and nail salon (9 years).

Sunrise, FL (Broward County)

Easy income hair and nail salon (9 years).
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Asking Price: $40,000

Cash Flow: $23,000

Gross Revenue: $48,000

EBITDA: $23,000

FF&E: $9,000

Inventory: $500

Rent: $1,500 /Month

Established: 2010

Easy income hair and nail salon (9 years).

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Business Description

Profitable easy (no hustle) income hair and nail salon. 9 years in business, 5 years lease. Lease stations to 5 hairstylists and 1 nail tech. Totally gross income is $48,000 per year. Net: $23,000. Rent: 1500 per month. The owner basically collects the rent from the stylists and nail teach only. They are not employees. They all take care of their own business. They supply their own supplies like shampooS, hair dyes, also they pick up the phone for their own appointments. 5 stylists stay from 4 to 9 years. One stay for 2 years. There is a total of 7 hair stations, 1 pedicure chair, 1 manicure. Those are included in the sale too.

Detailed Information

Location:
Sunrise, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
605
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The owner basically collects the rent from the stylists and nail teach only. They are not employees. They all take care of their own business. They supply their own supplies like shampooS, hair dyes, also they pick up the phone for their own appointments. 5 stylists stay from 4 to 9 years. 1 stay for 2 years. There is a total of 7 hair stations, 1 pedicure chair, 1 manicure. Those are included in the sale too. (Home Based)
Competition:
Profitable easy (no hustle) income, don't even need to pick up the phone and you have a stable income. Most stylists stay from 4 to 9 years. One stay for 2 years.
Growth & Expansion:
There is a total of 7 hair stations, 1 pedicure chair, 1 manicure. You can rent out more stations for more income.
Support & Training:
Yes, 2 weeks or more.
Reason for Selling:
Have other business need to handle.
Home-Based:
This business is Home-Based
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MANZI LIU

Business Listed By:
manzi liu

The K Company Realty

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